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Cal. Rev. & Tax. Code § 24950

Nontaxable Exchanges

Amended by Stats. 1993, Ch. 877, Sec. 82

Section 1035 of the Internal Revenue Code, relating to certain exchanges of insurance policies, shall apply, except as otherwise provided.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.